DBRS Morningstar Publishes Final Global Methodology for Rating Sovereign Governments

DBRS Morningstar finalized its Global Methodology for Rating Sovereign Governments.

This methodology presents the criteria for which sovereign government ratings are assigned and/or monitored.

The methodology supersedes the prior version published on August 29, 2022 and is effective as of October 6, 2023.

The updated version of the methodology incorporates some changes to Appendix C, which describes the Impact of Sovereign Ratings on other DBRS Morningstar Credit Ratings. These changes and their anticipated impact were described in detail in our July 24, 2023 press releases, referenced below. The changes were deemed to be material, however, they will have no impact on sovereigns rated under the methodology.

• DBRS Morningstar Requests Comments on Proposed Update to Global Methodology for Rating Sovereign Governments - https://www.dbrsmorningstar.com/research/417613

• DBRS Morningstar Requests Comments on Several European Structured Finance Methodologies - https://www.dbrsmorningstar.com/research/417595

DBRS Morningstar did not receive any comments on the proposed changes.

All comments received during the request for comment period have been published to the DBRS Morningstar website, except in cases where confidentiality is requested by the respondent.

Notes:
DBRS Morningstar methodologies are publicly available on its website www.dbrsmorningstar.com under Methodologies & Criteria.

For more information on this methodology or on this industry, visit www.dbrsmorningstar.com or contact us at info@dbrsmorningstar.com.